In the following video, John Reeves discusses a Bloomberg article saying that Chinese companies have now been pushed off the list of the top 10 biggest stocks by market value; all the top 10 are now American. At the peak of the market bubble in October 2007, just before the financial crisis, five of the top 10 were Chinese. In the video, John takes us through the major moves that displaced these Chinese companies, and put America on top.
The Economist compares this disruptive invention to the steam engine and the printing press. Business Insider says it's "the next trillion-dollar industry." And everyone from BMW to Nike to the U.S. Air Force is already using it every day. Watch The Motley Fool's shocking video presentation today to discover the garage gadget that's putting an end to the "Made in China" era ... and learn the investing strategy we've used to double our money on these three stocks. Click here to watch now!
The article America Boots China Out of the Top 10 originally appeared on Fool.com.
John Reeves owns shares of Apple and Starbucks. The Motley Fool recommends Apple, Johnson & Johnson, and Starbucks and owns shares of Apple, China Mobile, Johnson & Johnson, and Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.